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November 29, 2010
 
Print Version of All Articles in Nov. 29 ICI

Print out this file for text of articles in the current issue....

 
FinCEN Rule, Advisory Emphasize Need for SAR Confidentiality

The final rule also expands the ability of some financial institutions to share SAR information with most affiliates, but doesn't give that authority to the insurance industry....

 
FinCEN Provides Cross-Reference for Insurance AML Regulations

Two new tools should help insurance companies navigate the soon-to-be reorganized rulebook....

 
Appeals Court Points to Contract Language in Settling Claim Dispute

“Where there is no ambiguity in a contractual provision, that provision’s plain language controls,” the court ruled....

 
North Dakota, Oregon Sanction Three Carriers

Issues involve financial solvency, licensing, not responding to insurance department....

 
NAIC Seeks Comment About Proposed RAA Model Bulletin

The bulletin would require insurers to provide written disclosures explaining the various settlement options available under the policy and the interest rates....

 
Keating Set to Lead American Bankers Association

The former president and CEO of the American Council of Life Insurers takes over Jan. 1, 2011....

 
Help Wanted – Nov. 29, 2010

A new job posting this week: The Hanover Insurance Group wants to hire a regulatory compliance manager. Also, A Washington, D.C. carrier is still seeking a senior compliance analyst, First Nonprofit Insurance Company continues looking for a regulatory filing/compliance analyst and other companies also have open positions....

 
Insurance Regulations, Bulletins & Legislation – Nov. 29, 2010

A summary of recent regulatory developments and legislation....

 


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